Use our simple form to tell us more about your business.
We approve you based on your business performance. Our soft search does not impact your credit score.
If approved, we will make you an offer in less than 48 hours.
Once your offer is fully funded by investors on our platform you will receive the money in your account in 2 days.
We believe that finance should also be used as a tool to seek qualitative outcomes whether faith based, social or environmental. Learn more about the ethical and sharia screening criteria used by Qardus in order to make a positive impact on society and the environment.
Our fee structure is simple and transparent:
An administration fee of 15% of arrears may be applied to any repayments that are more than 7 days late.
If your facility is placed into default, we may charge an additional collections charge of up to 15% of the outstanding financing amount at the time of default.
Any established and creditworthy business currently operating in the UK can apply for financing on the Qardus platform, including partnerships, limited companies and non-limited companies.
Businesses must have:
Your application to obtain funding on the Qardus platform can take minutes to complete. Once this is done, our credit assessment team will review your complete application and get back to you within 48 hours (2 working days).If your application is approved, you have agreed to your financing agreement and have set up your Direct Debit, your financing request will automatically be listed on the marketplace so that registered Qardus investors can review it and offer to fund your business. Your financing facility can fund over a period of up to 14 days, although most financing arrangements fund in just a few days. As soon as it's 100% funded your listing will close and we will send you a confirmation email. As long as your financing facility is fully funded before 3pm on any working day, we will transfer the funds into your designated business bank account the same day. (NB: Funds can take up to 3 days to reach your account).
The total cost of your financing facility includes the rate you pay to investors, and Qardus fees. The rate (i.e. profit rate) your business pays back is determined by a number of factors, including the risk band your financing facility is given during our credit assessment process, and the length of repayment term. Your facility will be allocated a risk band once you have submitted your complete application to obtain funding on the Qardus platform.
Qardus currently provides the following type of financing: